DCL Instructed to Sell Former Ramsay Pub Devonshire Arms
March 21, 2012
Davis Coffer Lyons Pubs Team has been appointed to dispose of Gordon Ramsays former pub, The Devonshire Arms in Chiswick in West London on behalf of the tenant, Nick Gibson.
Gibson, who runs the successful Drapers Arms in Islington, acquired the Enterprise Inns lease from Gordon Ramsay Holdings in June 2011 and reopened the following month after a refurbishment. The premises are held on the remainder of a 30 year lease from March 2000 at a current passing rent of £45,000 per annum exclusive.
The detached neighbourhood dining public house can accommodate up to 90 covers and has and an enclosed beer garden to rear as well as four bedroom accommodation.
Chris Bickle, Associate Director at Davis Coffer Lyons, said, The Devonshire Arms is a well known dining pub surrounded by pockets of some of West Londons most desirable residential areas. The pub has ample space inside and out as well as a sizeable trade kitchen. We are inviting premium offers.